Plus, 3 big stocks reporting earnings this week & what to expect
Which sector is bucking the downtrend … Major report from the FED to watch closely … Bond market changing directions? … Key levels on volatility index and what it could mean for the market … Three big stocks reporting earnings this week and what to expect … Crucial resistance levels in major indices you need to pay attention to → Click to watch now! | |
We title today the battle of the bulls versus the bears. With the market trading around the monthly open, 4145 becomes significant as I stated in TBUZ TV this morning and it will tell us a lot about this week. However, the final word doesn't happen until the end of Friday's trading where our 3-day algo kicks in and we have the high and low from the first three days of the new trading month. We'll look for opportunities, trade the path of least resistance and not get locked in to anything, especially considering that the S&P, Nasdaq and Dow are still negative for the year, even after a tremendous rebound last week. Furthermore, as I've said all year, energy is the play and crude oil from Friday to present price is up approximately 3.5%. If you would like to be invited to our free training session on crude, send an email to rowe@dtitrader.com. For those that were not at our Memorial Day seminar yesterday, here's the link to listen. ~ TBUZ | |
Check out data organizer Splunk (SPLK) that helps organizations keep systems secure. It needs to get above its $115 50-day average. Above that is a lot of room for growth with stop at last week's $100 area open. | |
Kind words from our best students: "Roger is with us every step of the way. I am up 175% in the last month alone." — Michael N., a premium subscriber to Roger Scott | |
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